Stock Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
PROSHARES SHORT 7-10-YEAR TREASURY (PACF:TBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TBX
The long term trend has been UP since Dec 20th, 2017 at 28.4500
The intermediate term trend has been DOWN since May 25th, 2018 at 29.3054
The short term trend has been DOWN since Jun 14th, 2018 at 29.3435
Smart Scan Analysis for TBX
Based on a pre-defined weighted trend formula for chart analysis, TBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||29.77||Year High Date||2018-05-17|
|Year Low||28.33||Year Low Date||2018-01-03|
|52wk High||29.77||52wk High Date||2018-05-17|
|52wk Low||27.55||52wk Low Date||2017-09-07|
|Year End Close||32.42||Average Volume||103,374|